Allied Irish Banks implements Modulo IT risk package

Source: Modulo

Modulo, a leading provider of IT Governance, Risk and Compliance (GRC) solutions, today announced that Allied Irish Banks, p.l.c. ("AIB") has selected the Modulo Risk Manager platform to help them identify, remediate and prevent risks in their IT domain.

AIB is a major commercial bank based in Ireland and offers a full range of personal and corporate banking services.

"We have integrated the Modulo Risk Manager platform into our Qualys Vulnerability Scanning engine which is allowing us to prioritize the vulnerabilities identified," said David Moule, Information Security Assurance Manager for AIB.

AIB selected the Software as a Service (Saas) solution from Modulo after an extensive search and proof of Concept in late 2011. Moule added that "using the SaaS model is cost effective and made both the POC and implementation quick and easy, and the integration to Qualys straightforward."

AIB is using Modulo Risk Manager to process the vulnerability risk lifecycle. Efficiencies delivered by automating integration and treatment enable AIB to prioritize and target resources more effectively to reduce the threat to critical business services.

"AIB is redefining how organizations can achieve a more holistic view of risk by correlating vulnerability risk management data with broader IT risk and compliance management processes for more effective risk reporting and business intelligence," said Simon Claridge, Managing Director of Europe, Middle East & Africa for Modulo. "We are fortunate to add AIB, a recognized industry leader, to our customer community."

Modulo's intuitive user interface and knowledgeable support team has encouraged AIB to consider using the Modulo Risk Manager platform for other additional compliance and regulatory requirements arising from the Irish Financial services sector.

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